§ Mr. Silvesterasked the Secretary of State for Prices and Consumer Protection if she will describe how the reduction in prices in shops of 1 per cent. attributable to the cut in distributors' gross percentage margins, was calculated.
§ Mr. MaclennanThe calculation of the effect of the 10 per cent. cut in gross percentage margins was based on a representative sample of distributors, whose 177W profit margins are published in the Price Commission Report for the period 1st December-28th February after taking into account the 25 per cent. net profit margin safeguard.